Threat of higher burden as Starmer prepares to commit to spending 5pc of GDP on national security
Threat of higher burden as Starmer prepares to commit to spending 5pc of GDP on national security
Copy link
The PM will join fellow Nato leaders in The Hague today after signing up to the goal of spending 3.5 per cent of GDP on defence.
IFS director Paul Johnson warned that the £30bn increase in defence spending would need to be funded by tax rises
Sir Keir Starmer has vowed to boost defence spending to 2.7 per cent of GDP by 2027, as Nato allies push for ‘dramatic increase’
Increased spending commitments require higher revenue, economists warn
PM will not announce any new money for troops when he sets out plans to meet a Nato target
But Downing Street will not say how the new NATO commitment demanded by Donald Trump will be paid for by the UK taxpayer
